STOCKHOLM ― Sweden-based Volvo Cars is booking an impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and upcoming EX90 models, due to tariffs and launch ...

Despite an upgrade in software quality and a volume ramp-up plan, the Volvo EX90 will face decreased lifecycle profitability ...

Swedish auto giant Volvo has warned that it will take a $1.2bn impairment in its second-quarter results due to trade tariffs ...

Tesla redesigned the once best-selling car in the world. Yet sales figures for the best-selling Model Y are falling. Why is that?

STOCKHOLM] Volvo Car is taking a one-time non-cash impairment charge of 11.4 billion Swedish kronor (S$1.51 billion) in the ...

STOCKHOLM] Volvo Car is taking a one-time non-cash impairment charge of 11.4 billion Swedish kronor (S$1.51 billion) in the ...

Despite software upgrades and planned volume growth, the EX90’s profitability is reduced due to delays and higher development ...

Volvo Cars announces a significant impairment charge of approximately $1.2 billion due to import tariffs and launch delays of ...

The effects of the US administration’s current trade war policies on the world’s automakers are yet to make themselves fully ...

Tariffs are impacting the brand-new ES90 and Volvo said the high fees prevent them from profitably selling the car in the ...

Facing a 25% US tariff, the Geely-owned carmaker struggles to roll out two of its latest electric-powered cars.